Milady Maker is a popular collection of 10,000 generative profile pictures (PFPs) that were deployed as NFTs on the Ethereum mainnet.

The Milady NFTs quickly became a popular meme within Crypto Twitter culture, and sky-rocketed in price from 0.05ETH to over 1.5ETH per Milady.

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What are Milady Makers?

Milady Makers are NFT PFP's that were designed to initially give holders access to a customized Minecraft server. However, its quirky art & style turned it into a popular meme on Crypto Twitter - with many major accounts like Satsdart using it as a profile picture.

Milady Maker NFT Collection
The Milady Maker NFT Collection on OpenSea.

Milady NFT Variations

There are 5 main style themes for the Milady Maker collection. They are inspired by 5 major Tokyo fashion tribes called Gyaru, Prep, Lolita, Hypebeast and Harajuku. Each Milady is assigned a 'Drip Grade' which scores their outfit on a scale. The Drip Scores from highest to lowest are SS, S, A, B, C and D. The SS Milady's are currently at a floor price of 6 ETH.

Milady Style Themes
The Milady Style Themes from their website.

Are Miladys a Good NFT Investment?

The Milady NFTs highly memetic qualities and have retained mind-share in the Crypto Twitter ecosystem, despite the drawdown in the markets. We think that Milady's will be a force in the future of NFTs, but this is not to be considered investment advice.

Another factor to consider is that Martin Shkreli who has just been released from prison has picked up a Milady as his profile picture. Martin Shkreli has gained a very quick following on the back of this, which means it could be the start of a broader movement around Miladys.

Milady Floor Price

The Milady floor price started at 0.05ETH when it launched in August of 2021 during the peak of NFT Summer. It then went on to grow over 50x to a floor of 1.5ETH and has sustained that to start the year in 203.

Final Thoughts

The Milady NFT project has been a resounding success, and it is likely to remain popular for a long time. It also provides an interesting case study into the power of memes in driving value for digital assets. We will definitely be watching this space with eager anticipation as prices continue to rise.

It will be interesting to see if the trend of celebrities & major entities buying up Milady NFTs continues, and how that could affect the prices over time.  In the meantime, enjoy your Miladys, Milady!

I fell into crypto during the 2017 mania and have been around ever-since. I now write, research and publish my own reports on the digital asset ecosystem.